PPRuNe Forums - View Single Post - DURHAM TEES VALLEY AIRPORT - 5
View Single Post
Old 4th Jul 2012, 09:45
  #2091 (permalink)  
Hipennine
 
Join Date: Jan 2006
Location: up north
Posts: 310
Likes: 0
Received 0 Likes on 0 Posts
Sheffield was probably never going to be a success given the restrictions of the site, but I think the wider point is that Peel were able to recognise that, and then effectively get the development land at a cost lower than might otherwise be expected. NorthboundA1 is demonstrating that they have a bit of a track record in this respect, and then accessing more public funding for the developments (there's nothing wrong with a commercial business exploiting every opportunity that they are able to recognise and take advantage of). However, the frustration with us local rate-payers to MME is that our councils and quangos seem to have failed to recognise Peel's modus-operandi, and therefore may be guilty of the same giveaway of an asset that we as ratepayers have invested in, and then coughing up more public funding for the development.
Hipennine is offline